Word 2016, 2013 and 2010 provide users with an option to insert text box in the document. This is quite useful when you want to display block of text in your document.
Insert Text Box
Click the Insert menu then navigate to Text section. Clicking the Text Box option will display the drop down with different text box format.
Pick your desired format from the drop down list. If you want to go for a custom text box then use the Draw Text Box option. Click inside the text box to start entering the text.
Changing the Text Box shape and border
The default shape of the text box is Rectangular and if you want to change the shape then use the option provided as part of the Insert Shapes section.
Select the Text Box, navigate to Insert Shapes section then click the Edit Shape option.
Choose your preferred shape from the Change Shape menu option.
To change the Text Box border, navigate to Shape Styles and click the Shape Outlines and choose the border from the list.
Word also provides lot more formatting option under the Format Shape Dialog.